S.L. 549.134 Art. 10Separate deposit refund account. 

(1) The operator shall maintain and operate a separate deposit refund account, recording all financial movements of receipts and payments of the deposit by the operator. The deposit value imposed on every single use container placed on the market and paid by producers in terms of regulation 15 shall be placed in the deposit refund account. Refunds of the deposit value in terms of regulation 16 shall be made from the deposit refund account.

(2) The amount of any unclaimed deposits resulting at the operator’s financial year end shall be posted as revenue of the operator:

Provided that:

(a) the operator shall firstly make sufficient provision to satisfy any claims for deposits that may be paid in the future and for any amounts due to the Agency for the relative financial year; and

(b) the operator shall utilise the remainder for the better management and operation of the Scheme:

Provided further that by the end of each fiscal year, the operator shall disclose how the surplus has been allocated. The operator shall also project the expected surplus for the following year and outline its intended use.